Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC) Share Price Breaks Above 50-Day Moving Average – Time to Sell?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (NYSEARCA:GSLC – Get Free Report) crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $146.42 and traded as high as $147.14. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF shares last traded at $146.91, with a volume of 180,178 shares trading hands.

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Stock Up 0.5%

The company has a fifty day simple moving average of $146.42 and a 200-day simple moving average of $139.14. The firm has a market cap of $15.22 billion, a P/E ratio of 24.08 and a beta of 0.99.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

A number of institutional investors have recently bought and sold shares of the business. SOA Wealth Advisors LLC. raised its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 19.0% during the 1st quarter. SOA Wealth Advisors LLC. now owns 450 shares of the company’s stock valued at $56,000 after purchasing an additional 72 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 19,835 shares of the company’s stock worth $2,482,000 after purchasing an additional 75 shares in the last quarter. KCM Investment Advisors LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 1.9% in the 1st quarter. KCM Investment Advisors LLC now owns 3,980 shares of the company’s stock worth $498,000 after purchasing an additional 75 shares during the period. Vision Retirement LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 32.2% in the 1st quarter. Vision Retirement LLC now owns 406 shares of the company’s stock worth $51,000 after purchasing an additional 99 shares during the period. Finally, Wealthfront Advisers LLC boosted its stake in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF by 0.4% in the 1st quarter. Wealthfront Advisers LLC now owns 28,653 shares of the company’s stock worth $3,585,000 after purchasing an additional 103 shares during the period.

About Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

(Get Free Report)

The Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight. GSLC was launched on Sep 21, 2015 and is managed by Goldman Sachs.

Further Reading

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